Alok Industries - LongAfter 3 months of consolidation the stock has broke its trendline resistance and can touch upto 31 if this momentum carries.
ALOKINDS trade ideas
i have provided some support and resistrnce line if they do not work then i am really sorry because i am a learner
Alok Industries - on a way to touch 57 again? Stock was consolidating from September 2020, this week it has given breakout with good volume.
SL should be 25.40 or below it.
Target 1 should be 44 and if it breaks than we might see 57 (target 2) again.
Let's see how it turns out.
This is not a stock recommendation.
Don't invest or trade blindly.
#CHANNEL BREAK-OUT # GOOD VOLUME ALOK INDUSTRIES LTD
CMP - 24.35
SL 18.50
TARGET CAN BE SEEN ON CHARTS .
Alok IndustriesWD Gann Harmonics analysis - Trend Change and upward market movement expected around 15th Jan 2021
Alok @ Breakout levelAlok industry did breakout and RSI support this.
Make position for 1-2 week for 10-15% price movement.
Alok IndustriesGood to go long with a SL of the recent low created and having a momentum to test 80 levels in the coming days. NSE:ALOKINDS
ALOK INDUSTRIES - Wonder why Reliance would need it ?Heard this name thrown about a lot ,thought i'd delve deeper.
Am a buyer if it dips to the buy zone as close to 11 area .
IF it carries on up .i'd hop on above 18.50
Reliance buying it ?? dunno don't care ... lets see price action tomorrow and if the Cup and Handle play out.
Buy the Rumor Sell the News !
No idea about this company and its fundamentals so manage your risk ! don't get left bag holding :)
